ELITEPRODUKTER AS

2240 MAGNOR

Finances

Share Ownership

Return on Equity

31,36 %

Current Ratio

2,37

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 522 000	16 189 000	12 472 000	11 417 000
Net Income	1 300 000	84 000	237 000	−318 000
Total Assets	10 734 000	9 185 000	9 395 000	8 406 000
Total Equity	4 145 000	2 845 000	2 761 000	2 524 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 522 000	16 189 000	12 472 000	11 417 000
Expenditure	19 539 000	16 029 000	12 067 000	11 546 000
Operating Profit	1 984 000	160 000	405 000	−129 000
Financial Income	130 000	209 000	114 000	18 000
Financial Costs	456 000	253 000	257 000	245 000
Financial Balance	−326 000	−44 000	−143 000	−227 000
Earnings Before Tax	1 657 000	115 000	262 000	−355 000
Tax	357 000	31 000	25 000	−38 000
Net Income	1 300 000	84 000	237 000	−318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	284 000	290 000	448 000	686 000
Total Current Assets	10 450 000	8 895 000	8 948 000	7 720 000
Total Assets	10 734 000	9 185 000	9 395 000	8 406 000
Total Retained Equity	4 003 000	2 703 000	2 618 000	2 381 000
Total Equity	4 145 000	2 845 000	2 761 000	2 524 000
Total Long-Term Debt	2 183 000	2 720 000	2 693 000	2 799 000
Total Current Debt	4 405 000	3 620 000	3 942 000	3 084 000
Total Equity and Debt	10 734 000	9 185 000	9 395 000	8 406 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 425 000	16 175 000	12 434 000	11 417 000
Other Income	98 000	14 000	38 000	0
Revenue	21 522 000	16 189 000	12 472 000	11 417 000
Cost of Goods Sold	12 611 000	9 836 000	7 554 000	6 743 000
Salary Costs	3 856 000	3 132 000	2 442 000	2 447 000
Depreciation	203 000	250 000	244 000	243 000
Impairment	0	0	0	0
Expenditure	19 539 000	16 029 000	12 067 000	11 546 000
Operating Profit	1 984 000	160 000	405 000	−129 000
Financial Income	130 000	209 000	114 000	18 000
Financial Costs	456 000	253 000	257 000	245 000
Financial Balance	−326 000	−44 000	−143 000	−227 000
Dividends	0	0	0	0
Net Income	1 300 000	84 000	237 000	−318 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	35 000	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	165 000	0	13 000	25 000
Fixtures	68 000	256 000	430 000	661 000
Total Tangible Assets	232 000	256 000	443 000	686 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	284 000	290 000	448 000	686 000
Stock	9 078 000	7 807 000	7 958 000	6 746 000
Total Investments	0	0	0	0
Cash, Bank	565 000	358 000	49 000	424 000
Total Current Assets	10 450 000	8 895 000	8 948 000	7 720 000
Total Assets	10 734 000	9 185 000	9 395 000	8 406 000
Total Equity	4 145 000	2 845 000	2 761 000	2 524 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 183 000	2 720 000	2 693 000	2 799 000
Creditors	1 356 000	2 145 000	2 633 000	2 397 000
Unpaid Taxes	2 203 000	1 068 000	453 000	437 000
Dividends	0	0	0	0
Other Current Debt	464 000	339 000	275 000	249 000
Total Current Debt	4 405 000	3 620 000	3 942 000	3 084 000
Total Equity and Debt	10 734 000	9 185 000	9 395 000	8 406 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,36 %	2,95 %	8,58 %	−12,6 %
Debt-to-Equity Ratio	0,53	0,96	0,98	1,11
Operating Profit Margin	9,22 %	0,99 %	3,25 %	−1,13 %
Current Ratio	2,37	2,46	2,27	2,5
Quick Ratio	−2,24	−2,12	−2,23	−2,11
Equity Ratio	0,39	0,31	0,29	0,3
Gross Profit Margin	41,4 %	39,24 %	39,43 %	40,94 %